# CHN to Egypt HS 720711 new corridor signal

This page reviews a reported new-corridor signal for iron or non-alloy steel: semi-finished products of iron or non-alloy steel: containing by weight less than 0.25% of carbon, of rectangular (including square) cross-section, width less than twice thickness. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 100/100
- Reported period: 2024
- Buyer market imports: $196.1M
- Buyer market growth: +485.2%
- Current exporter share: 1.8%
- Share gap: 51.8%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $196.1M
- Three-year buyer-import projection: $220.7M
- Supplier countries observed: 13
- Average buyer imports: $165.6M
- Historical buyer-import peak: $627.5M
- Full-history buyer-import CAGR: +4.0%
- Latest buyer-import annual change: +485.2%

## Competition landscape

- Top supplier: Russian Federation
- Top supplier share: 53.7%
- Market concentration: 3,316
- Exporter share: 1.8%
- Share gap to peer benchmark: 51.8%

## Access profile

- Applied tariff: 33.7%
- MFN tariff: 33.7%
- Preferential tariff: 0.0%
- Approximate distance: 7,551 km
- Trade agreement: Not reported
- Business entry time: 12.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $3.9K
- GDP per-person growth: +12.1%
- Population: 104,258k
- GDP: $404.1B
- GDP five-year CAGR: +4.1%
- Investment rate: 17.2%
- Savings rate: 5.1%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $3.6M | +0.0% |

## Broader route context

Broader CHN to Egypt route exports provide route context only; they are not presented as HS 720711 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $408.1M | +0.0% |
| 1996 | $388.4M | -4.8% |
| 1997 | $435.5M | +12.1% |
| 1998 | $558.3M | +28.2% |
| 1999 | $740.5M | +32.6% |
| 2000 | $810.0M | +9.4% |
| 2001 | $801.2M | -1.1% |
| 2002 | $771.3M | -3.7% |
| 2003 | $835.0M | +8.3% |
| 2004 | $1.2B | +39.5% |
| 2005 | $1.7B | +41.9% |
| 2006 | $2.4B | +46.7% |
| 2007 | $3.7B | +50.8% |
| 2008 | $5.5B | +49.5% |
| 2009 | $4.8B | -12.2% |
| 2010 | $5.8B | +19.8% |
| 2011 | $7.1B | +22.9% |
| 2012 | $8.1B | +14.5% |
| 2013 | $8.2B | +1.6% |
| 2014 | $9.8B | +19.0% |
| 2015 | $11.4B | +16.8% |
| 2016 | $10.2B | -10.6% |
| 2017 | $9.4B | -8.3% |
| 2018 | $12.3B | +30.8% |
| 2019 | $12.4B | +1.2% |
| 2020 | $13.2B | +6.2% |
| 2021 | $16.8B | +27.3% |
| 2022 | $16.0B | -4.7% |
| 2023 | $14.0B | -12.2% |
| 2024 | $16.0B | +14.1% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| CHN to CHN | HS 270210 | New corridor | $9.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-chn-270210) |
| CHN to CHN | HS 261610 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-chn-261610) |
| CHN to Malaysia | HS 271111 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-mys-271111) |
| CHN to GBR | HS 999999 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-gbr-999999) |
| CHN to USA, Puerto Rico and US Virgin Islands | HS 030214 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-usa-030214) |
| CHN to GBR | HS 020130 | New corridor | $1.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-gbr-020130) |
| CHN to Spain | HS 284420 | New corridor | $875.0M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-esp-284420) |
| CHN to Russian Federation | HS 999999 | New corridor | $874.0M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-rus-999999) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.